The state of Virginia has decided that the federal credit reporting law is perfect and you deserve no additional protections. Given that is the case, it is best for you to know your federal Fair Credit Reporting Act and reach out to your legislature.
The Fair Credit Reporting Act or (FCRA) is a federal law and requires creditors, also known as furnishers, and the crediting reporting agencies to do several things regarding the accuracy of the credit reports.
Although you know of Equifax, Experian, and Trans Union, there are actually many different types of credit reporting agencies.
If they credit report is actually wrong, then you can make these consumer laws work in your favor and file a lawsuit to correct the inaccuracies. If the info on your credit is correct (just not what you want), then these laws will not help in you.
The Virginia law does not add any additional penalties for violating this law unlike other states. But, under the federal law, you are entitled to emotional distress damages, economic damages, costs, and attorney fees.
Contact the law office of Joseph P. McClelland and can discuss your case.
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